How many Bambu outlets opened in Utah during 2023?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
eriod begins on January 1 and ends on December 31.
ITEM 20 TABLE NO. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 TO 2024(1)
| State | Year | Outlets at Start of Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| United States |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 47–52)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, one outlet opened in Utah during 2023. The table provided in Item 20 of the FDD details the number of outlets opened in each state for the years 2022, 2023 and 2024. This information is useful for potential franchisees to understand the growth and presence of Bambu in specific geographic areas.
Specifically, the table shows that at the start of 2023, there were no Bambu outlets in Utah. During 2023, one new outlet was opened, bringing the total to one outlet at the end of the year. In 2024, no additional outlets were opened, but one ceased operations for other reasons, resulting in zero outlets at the end of 2024.
This data indicates a recent entry into the Utah market for Bambu, followed by a contraction. A prospective franchisee should investigate the reasons behind the closure in 2024 to assess the viability and potential risks of operating a Bambu franchise in Utah. Understanding the factors that led to the closure can inform their decision and business strategy.